MakeMyTrip

MakeMyTrip has accused EaseMyTrip of “infringement of trademark”

Delhi HC has ordered EaseMyTrip to refrain from using MakeMyTrip as adword

It raises the cost for us when somebody is biding on our trademark, a company official said

Ebix offered an acquisition deal worth for $336 Mn to Yatra

Yatra has entered into a mutual confidentiality agreement with Ebix

Both the parties will now begin due diligence for the deal

Very few Indian startups have gone public on the national stock exchanges

India allows dual shares for profitable companies

Facebook, Alibaba among others have adopted DVR structures during their IPOs

Till now, Dunzo has raised $3.1 Mn in the ongoing funding round

Krishna Sindhuri Trust has also contributed $985K

Dunzo offers chat-based app which allows users to collaborate with people and get their work done

MakeMyTrip says it can’t be assessed for quality as it is a technology platform

CEO Deep Kalra has communicated to the tourism ministry on the issue

The tourism ministry issued the guidelines to ensure quality service delivery by OTAs

The total revenue for Q3 FY19 was $124.8 Mn

The standalone room nights booked increased to 6 Mn in Q3 FY19

Marketing and sales promotion expenses decreased by 54.4%

MakeMyTrip executive MK Pallai was arrested in 2016

I-T officials acted with undue haste, the Delhi HC had said

Tax authorities also failed to provide a ‘show-cause’ notice for the arrest

Effective 16th January, hotels in Sikkim to not accept bookings made on MakeMyTrip and Goibibo

Sikkim Hotels & Restaurants Association says it had earlier met with MMT but no resolution was reached

Concerns raised by SHRA included abolishing coupon code discounting on hotels, standardising commission at 15%,etc

Travenues will be based out in Bengaluru

It will function as an independently run business

It will be under the leadership of ixigo vice president of special projects Chandramouli Gopalakrishnan

OYO had dismissed allegations by FHRAI

MakeMyTrip chief Deep Kalra had said FHRAI has no locus standi to decide commercial agreements

FHRAI had issued notices to Go-Ibibo and MMT

FHRAI issued notices to MakeMyTrip and Goibibo earlier this month

FHRAI is looking to approach the CCI and the tourism ministry

MakeMyTrip claims to have received more than 10K supporting emails from hotels

Delhi High Court passed an interim order on October 31

The court restrained five companies from using similar names

MakeMyTrip claims it spent 46% of its revenue on advertising and marketing in FY18